Press releases

Deloitte UK Technology Fast 50 2024 - Yoti named as one of the UK's fastest growing tech companies

8th November 2024, London, UK – Yoti, a leader in digital identity, has been named in the 2024 Deloitte UK Technology Fast 50, ranking among the UK’s fastest growing technology companies. This achievement reflects Yoti’s impressive 1848% revenue growth over the last three years, securing its position at number 20 on the list. Robin Tombs, CEO at Yoti said: “We’re delighted to be recognised as one of the UK’s fastest growing technology companies. When we started Yoti a decade ago, we set out to fix the broken identity system. Thanks to the dedication and hard work by our team,

4 min read
Lloyds Banking Group and Yoti logo lockup

Lloyds Banking Group investment in Yoti

In February 2023, Lloyds Banking Group invested £10 million in Yoti in the form of a convertible loan. Since that initial commitment Yoti’s monthly revenues have more than doubled.   We’ve also seen a significant increase in the number of people installing the Lloyds Bank Smart ID, Post Office EasyID and Yoti ID Digital ID wallets.   Over 100,000 people each month are using our services to prove their identity for right to work or criminal record (‘DBS’) checks, with around 25% of those people choosing to use their reusable Digital ID. The total number of Digital ID installs in the

2 min read
Digital ID connect Showable digital PASS cards

Digital IDs from Yoti, Post Office and Lloyds Bank are accredited by PASS for proof of age

London, UK – 25th June – The three Digital ID Connect apps – Yoti ID, Post Office EasyID and Lloyds Bank Smart ID – are now accredited by the UK’s national Proof of Age Standards Scheme (PASS). This gives UK businesses selling age-restricted goods and services more trust in Digital IDs, having confidence they are genuine and that customers have been verified to a high standard. Each of the Digital ID apps includes the approved PASS hologram. In the UK, Yoti ID, Post Office EasyID and Lloyds Bank Smart ID can be used for: Buying all age-restricted goods including

5 min read
NIST have published the results of their evaluation of Yoti's Facial Age Estimation

Yoti facial age estimation evaluated in the NIST Face Analysis Technology Evaluation program

Yoti proven to be the most accurate facial age estimation algorithm for those aged 13-16, a key age group for online age regulations and child safety  30th May 2024, London, UK – Digital identity company Yoti has had its facial age estimation technology independently evaluated by the National Institute of Standards and Technology (NIST), a US agency who provide standards and certification for businesses. The standards and measurements set by NIST are used as a benchmark for technological innovations globally. NIST evaluated Yoti’s facial age estimation as part of their Face Analysis Technology Evaluation (FATE) program.  NIST has

5 min read
Woman taking scan of her face with her phone

Yoti releases white paper detailing approach to combating generative AI and deepfakes

1st March 2024, London, UK – Digital identity company Yoti has published its first Generative AI white paper, detailing its approach to combating deepfakes. Yoti has focussed their strategy on early detection, using tools to prevent AI-generated content or attacks at the point of source.  Whilst offering numerous benefits and advancements, generative AI also brings potential threats and challenges, including:  Identity theft and fraud; the technology could be used to create synthetic identities and realistic forged documents Fake content; the creation of highly convincing content, including images, videos and audio recordings. Privacy concerns; the ability to generate realistic images

3 min read
Yoti and CreditLadder logos presented together

CreditLadder teams up with Digital ID Connect to offer Rent Reporting to their users

12th January 2024, London, UK – CreditLadder, the UK’s first and largest rent reporting platform, is working with Digital ID Connect, the UK’s largest digital identity app network. This will allow Digital ID app users to seamlessly report their rental payments into the four main credit reference agencies.    Just under 40% of people in England rent, and this increases to over 50% in London*. To help bring financial fairness to these tenants, CreditLadder has now reported over £1 billion in rent payments – this means these payments now appear on credit files therefore allowing lenders to see that on-time rent

3 min read